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All Forum Posts by: Chris Taylor

Chris Taylor has started 7 posts and replied 113 times.

Post: [Calc Review] Help me analyze this deal

Chris TaylorPosted
  • Cleveland, OH
  • Posts 114
  • Votes 40

@Kelly Pierce

Yeah I'd sell the property with the increase in equity you achieved. If the ARV is accurate there is not much point in renting it out. Use the equity to buy a multi family or two more SFH like the one you just bought.

This four unit seems like a solid deal. Appears to be a hardened property. Only thing that worries me is estimating vacancy rates as all units are 1 bed 1 bath. Going to view property on Tuesday. Any thoughts or comments appreciated.

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*This link comes directly from our calculators, based on information input by the member who posted.